NEW DELHI: The BSE Telecom was trading 0.65 per cent up at 1,354 around 11:10 am on Monday, with shares of Himachal Futuristic Communications (up 2.48 per cent), Bharti Airtel (up 1.75 per cent) and Aksh Optifibre (up 1.73 per cent) as the top gainers.

Shares of Sterlite Technologies (up 1.15 per cent), Tata Communications (up 0.66 per cent), Vindhya Telelinks (up 0.50 per cent), ITI (up 0.49 per cent), Bharti Infratel (up 0.33 per cent) and OnMobile Global (up 0.22 per cent) were also trading with gains.

On the other hand, shares of GTL Infrastructure (down 9.97 per cent), Tejas Networks (down 3.53 per cent), Reliance Communications (down 1.98 per cent), Tata Teleservices (Maharashtra) (down 1.75 per cent), GTL (down 1.71 per cent), Mahanagar Telephone Nigam (down 1.23 per cent) and Idea Cellular (down 1.14 per cent) were among the top losers in the telecom index.

Equity markets were up on fresh capital inflows by foreign funds ahead of key IIP and inflation data to be released after market hours today.

The NSE Nifty50 index was up 99 points at 10,326, while the BSE Sensex was up 314 points at 33,621.

Shares of ITC, Infosys and Wipro were among the top gainers in the Sensex index, each gaining over 2 per cent.

However, Coal India and State Bank of India were the top losers in the Sensex index.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 8 were in the red.